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Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge

Ethereum fell below $1,600 on Thursday, despite the successful completion of the highly anticipated Merge event. The event saw a migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin…

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Ethereum Classic Hash Rate Skyrockets 80% to ATH After ETH Merge

The most-anticipated event in the cryptocurrency industry this year took place earlier today, confirming Ethereum’s transition from PoW to PoS. While the effects for the second-largest blockchain will be unveiled…

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Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder

According to Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – Ethereum’s Merge is “the most significant thing” that has happened in the protocol’s history. However, he does…

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Someone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge

The Ethereum network went through its largest upgrade in history, transitioning to a Proof-of-Stake consensus algorithm. Immediately after that, users are finding clever ways to commemorate the event and to…

Continue ReadingSomeone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge